Garcia Company issues 6.00%, 15-year bonds with a par value of $370,000 and semiannual interest payments. On the issue date the annual market rate for these bonds is 4.00%, which implies a selling price of 122 13. Confirm that the bonds' selling price is approximately correct Use present value Table B1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations. Round your other final answers to nearest whole dollar amount.) x Price Selling Price -452,695 Present Value $ 204,277 3 70,000 122 1/3 Table Value sh $370,000 par (maturity) value $11,100 interest payment Price of Bond Difference due to rounding of table values 0.5521 22.3965 248,301 $452,578